tomo logo

$799,900

Beds
5
Baths
2.0
sq ft
3,267

407 Summit Street, Winston Salem, NC 27101

407 Summit Street

Winston-Salem, NC 27101

  • 9 days on market
Beautiful property located in the historic West End District, featuring timeless hardwood floors and an upstairs outdoor patio perfect for relaxing or entertaining. Zoned PB HO, allowing for a wide variety of potential uses. Currently set up with office space on the main floor and living quarters upstairs with a separate entrance, offering versatility for future owners. A convenient parking lot at the rear of the property provides ample parking. Located near various dining options and downtown nightlife. Don’t miss this rare opportunity in a prime location – schedule your tour today!

Details

Property type

Single Family Residence

Lot size

4,356 sq ft

Price per sq ft

$245

Year built

1918

Annual property taxes

$4,498

Price History

02/20/2025
TriadMLS

TriadMLS #1170164

Listed
$799,900

Schools & Community

Neighborhood: 

Westend

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Central Carolina Bank

Loan start date

May 2003

Original loan amount

$238,000

Est. remaining balance

Not provided

Interest rate

5.79%

Loan type

Not Provided

Seller

Mackenzie Properties Llc

Lender

Wachovia Bank Na

Loan start date

April 2001

Original loan amount

$235,000

Est. remaining balance

$0

Interest rate

7.03%

Loan type

Not Provided, 5 year

Seller

Mackenzie Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 10:25 PM

Listing updated: 02/20/2025 at 10:21 AM

Listed by: Chad Kiger, TKG Real Estate Phone #: (336) 529-1196

MLS: TriadMLS #1170164

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